Standard (STND) technical analysis

First of all, be careful, Bitcoin (BTC) might make another downtrend wave; as a result, most of the altcoins will go down as well. As for the STND, price is moving in a downtrend channel-like trend. For the uptrend to be confirmed, at least the middle line must break along with an increase in buy volume. If the channel upper line breaks, STND most probably will go up to the double line uptrend. Also, watch for the horizontal line that is if the price reaches there, will correct rapidly; unless STND breaks it with a significant volume; that's another story.